Searches And Hires
The foundation is seeking a firm to provide investment advisory services for its endowment, including mission-aligned investment management to preserve and grow the portfolio.
The plan last conducted a similar search in 2019 when it rehired its incumbent.
The plan hired a new bank loan manager due to personnel turnover at the incumbent firm.
The plan finalized private equity and private credit commitments totaling up to $75 million in February.
The retirement association was notified of three private equity commitments last week.
The fund is looking to hire four global passive fixed-income managers.
The investment board also hired a new international growth equity manager.
The pension plan also adopted a new asset allocation policy for its $141.8 billion Core Trust Fund last month.
The plan moved more than $70 million into passive strategies at its February meeting.
The retirement system made six commitments totaling $265 million this week.